INVESTMENT LOAN

General Requirements:

  • To have the management capacity and ability to use the loan in a profitable manner;
  • Have uninterrupted operation of the business in the last 12 months;
  • Have business profitability projection and calculation;
  • Have special permits and licences nesessary for business operation;
  • No past due or bad loans at other financial institutions.

Loan Terms and Conditions:

Loan Purpose Maximum Loan amount (MNT) Maximum Loan term (months) Repayment options Interest rate /monthly/ based on borrowers qualifications
To buy a commercial real estate building Bank own capital 20% up to 120 mon No principal payment for the first 12 months, equal monthly payments thereafter

1.6-1.9%

19.2%-22.8% /Annually/

To renovate commercial purpose real estate 60
To buy a commercial equipment and machinery 500,000,000 60
To buy office furniture and equipment 500,000,000 60 Equal monthly payments

Benefits:

  • This loan can be approved for up to 2 billion MNT, even for first time borrowers.
  • Business loans are now offered for 120 month period, which gives convenience and flexibility for business owners.
  • No principal payment for the first 12 months of the loan tenure.
  • Arig Bank's professional and experienced Care Advisors can give you an offer specially designed for you and your needs.
  • The loan approval will take 8 working hours.
  • You will not stand in long lines at Arig Bank, and our staff will greet and treat you like a guest at their home.

Required documentation:

  • Handwritten letter of loan request/with a photo taken within the last 6/
  • Filled out loan application form application form from Arig Bank
  • Personal ID card or passport
  • Document related to business
  • Proof of residency
  • Loan spending and profitability projection
  • Real estate certificate /original copy/, official inquiry of other loans
  • Other necessary documents for loan approval

 

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